For the day ahead
Litecoin would need to move through the $152 pivot to bring the first major resistance level at $156 into play.
Support from the broader market would be needed, however, for Litecoin to break out from $155 levels.
Barring an extended crypto rally, the first major resistance level and Sunday’s high $157.72 would likely cap any upside.
In the event of an extended breakout, Litecoin could test resistance at $165 before any pullback. The second major resistance level at sits $162.
Failure to move through the $152 pivot would bring the first major support level at $145 into play.
Barring an extended sell-off, however, Litecoin should steer clear of sub-$140 levels. The second major support level at $141 should limit the downside.
Looking at the Technical Indicators
First Major Support Level: $145
Pivot Level: $152
First Major Resistance Level: $156
23.6% FIB Retracement Level: $178
38.2% FIB Retracement Level: $223
62% FIB Retracement Level: $296
Ripple’s XRP
Ripple’s XRP fell by 4.62% on Sunday. Partially reversing a 9.77% rally from Saturday, Ripple’s XRP ended the week up by 7.47% to $0.77952.
A bullish start to the day saw Ripple’s XRP rally to an early morning intraday high $0.84169 before hitting reverse.
Falling short of the first major resistance level at $0.8442, Ripple’s XRP slid to a late afternoon intraday low $0.77277.
Steering clear of the first major support level at $0.7673, however, Ripple’s XRP briefly revisited $0.79 levels before easing back.
At the time of writing, Ripple’s XRP was down by 0.96% to $0.77204. A mixed start to the day saw Ripple’s XRP rise to an early morning high $0.78365 before falling to a low $0.76684.
Ripple’s XRP left the major support and resistance levels untested early on.